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North Dakota Earnings
North Dakota Metropolitan Areas Wages
|
Region
|
Average
|
Entry Level
|
Experienced
|
|
Bismarck MSA
|
$88,300 or $42.45/hr
|
$57,340 or $27.57/hr
|
$128,850 or $61.95/hr
|
|
Fargo ND-MN MSA
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$92,170 or $44.31/hr
|
$59,470 or $28.59/hr
|
$137,460 or $66.09/hr
|
|
Grand Forks ND-MN MSA
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$92,130 or $44.29/hr
|
$54,730 or $26.31/hr
|
$134,140 or $64.49/hr
|
North Dakota Geographical Areas Wages
|
Region
|
Average
|
Entry Level
|
Experienced
|
|
East North Dakota nonmetropolitan area
|
$96,260 or $46.28/hr
|
$59,990 or $28.84/hr
|
$168,760 or $81.13/hr
|
|
West North Dakota nonmetropolitan area
|
$89,290 or $42.93/hr
|
$59,990 or $28.84/hr
|
$137,270 or $66.00/hr
|
North Dakota's Employment and Outlook (State-wide)
|
Outlook
|
Stable Growth rate is estimated to be 18%
|
|
Job Openings
|
44 estimated annual job openings
|
|
Employment
|
520 were employed in this occupation
|
Regions with increasing outlook (over 20% growth rate expected)
|
Region
|
Employment
|
Projected Growth Rate
|
Annual Openings (growth)
|
Annual Openings (replacement)
|
Annual Openings
|
|
Region 5
|
245
|
21%
|
5
|
17
|
22
|
|
Region 7
|
103
|
21%
|
2
|
7
|
9
|
Regions with stable outlook (0 to 20% growth rate expected)
|
Region
|
Employment
|
Projected Growth Rate
|
Annual Openings (growth)
|
Annual Openings (replacement)
|
Annual Openings
|
|
Region 1
|
21
|
10%
|
|
2
|
2
|
|
Region 2
|
38
|
16%
|
1
|
2
|
3
|
|
Region 4
|
37
|
14%
|
|
2
|
2
|
National Earnings
Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.
Where do these numbers come from?
National Employment and Outlook
|
Outlook
|
increasing
|
|
|
The employment change from 2024 to 2034 is estimated to be +10%.
(The National average for all occupations is +3%)
|
|
Job Openings
|
very small number
|
|
|
A total of 2410 average annual openings are expected for this occupation between 2024 and 2034.
(The National Average for all occupations is 1,696 openings)
|
|
Employment
|
medium occupation
|
|
|
This was a medium sized occupation in the United States, employing 326,000 workers in 2024.
(The National average for all occupations is 152,838 workers)
|
|
Growth
|
Much faster than average growth
|
|
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The primary driver of employment growth will be the aging population. As large numbers of baby boomers continue to retire, they are likely to seek planning advice from personal financial advisors. Also, longer lifespans will lead to longer retirement periods, further increasing demand for financial planning services.
|
|
Industries
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Large concentrations of this occupation are found in these industries
- Finance and insurance (NAICS520000) (78.4%)
- Securities, commodity contracts, and other financial investments and related activities (NAICS523000) (59.8%)
- Self-employed workers (15.8%)
- Credit intermediation and related activities (NAICS522000) (15.5%)
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